Global cryptocurrency market capitalization falls 3.5% in 24 hours, hitting a low of $2.17T as selling pressure intensifies.
Cryptocurrency market capitalization declined 3.5% over the past 24 hours, extending a sell-off that began earlier this month. The total value fell to $2.22 trillion, with an intraday low of $2.17 trillion, down from $2.50 trillion previously.
The drop reflects heightened risk aversion among investors, with broader macroeconomic concerns and regulatory uncertainty weighing on sentiment. Earlier this month, the market had stabilized near $2.50 trillion before renewed selling pressure emerged.
No immediate market reaction data was provided, but the decline underscores ongoing volatility in digital asset markets.